Common use of Government Licenses and Consents Clause in Contracts

Government Licenses and Consents. Occidental shall have obtained and effected all Government Licenses and Consents required from any Authority for the consummation of the transactions contemplated hereunder and under the Related Agreements to be entered into at the Closing and required to allow for the prudent and uninterrupted operation of its Subject Business by the Partnership after the Closing in a manner consistent with past practices, except for those Government Licenses and Consents, the absence of which is not, in the aggregate, reasonably likely to have a Material Adverse Effect with respect to Occidental's Subject Business.

Appears in 3 contracts

Samples: Master Transaction Agreement (Lyondell Petrochemical Co), Master Transaction Agreement (Lyondell Petrochemical Co), Master Transaction Agreement (Millennium Chemicals Inc)

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Government Licenses and Consents. Occidental shall have obtained -------------------------------- and effected all Government Licenses and Consents required from any Authority for the consummation of the transactions contemplated hereunder and under the Related Agreements to be entered into at the Closing and required to allow for the prudent and uninterrupted operation of its Subject Business by the Partnership after the Closing in a manner consistent with past practices, except for those Government Licenses and Consents, the absence of which is not, in the aggregate, reasonably likely to have a Material Adverse Effect with respect to Occidental's Subject Business.

Appears in 1 contract

Samples: Master Transaction Agreement (Equistar Funding Corp)

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